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    1622 2Nd St Odessa, TX 79763

    For Lease
    $13 SF/Yr ($14,994 /Mo)

    12,936 SF Warehouse, Showroom, Wash Bay

    Lot size:
    12,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This Odessa, Texas industrial property offers a unique combination of warehouse, showroom, and wash-bay space, totaling 12,936 square feet on a 2.06-acre lot. The main building, renovated in 2012, features approximately 6,468 square feet of finished office/showroom space and an equal amount of warehouse space, ideal for a business requiring both display and storage capabilities. Its previous use as an equipment rental business highlights its suitability for similar operations. A separate 4,000 square foot maintenance facility, constructed in 2012, is crane-ready and includes four 16-foot overhead doors, two center bays with dozer rails, a shop office, and a locker room, perfect for heavy equipment maintenance and repair. Completing the property is an open-air wash-bay equipped with dozer tracks. The entire property benefits from city water and sewer services and is zoned for light industrial use. Seven drive-in doors provide convenient access. Built in 1965 with significant renovations in 2012, this property is located at 1622 W 2nd St, Odessa, TX 79763, in Ector County. This well-maintained and versatile property presents a compelling opportunity for a variety of businesses.

    Property Features for 1622 2Nd St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,936 SF
    Total Rate
    14994.98

    Building Details

    Year Built/Renovated
    1965/2012

    Unit(s) available at that property

    Space
    Size
    12,936 SF
    Rate per SF
    $13

    HighLights

    • 12,936 SF industrial property on a 2.06‑acre lot in Odessa, TX.
    • Three separate buildings totaling 12,936 SF, including a 6,468 SF main building with office/showroom and warehouse space.
    • Main building features a showroom setup and three 14' overhead doors.
    • 4,000 SF maintenance shop with four 16' overhead doors, crane, and two center bays with dozer rails.
    • Open‑air wash bay with dozer tracks.
    • Fenced and stabilized lot with city water and sewer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    United Rentals Equipment Rental Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.38471579618
    Latitude
    31.837361238783

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    FAQs

    What type of property is this?
    Distribution property - 12,936 SF Warehouse, Showroom, Wash Bay
    Where is this distribution property located?
    The property is located at 1622 2Nd St Odessa, TX.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 12,936 SF industrial property on a 2.06-acre lot in Odessa, TX.; Three separate buildings totaling 12,936 SF, including a 6,468 SF main building with office/showroom and warehouse space.; Main building features a showroom setup and three 14' overhead doors.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1622 2Nd St Odessa, TX 79763
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